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2 years ago

You agree to sell your car to your neighbor for $5,000. you and your neighbor have provided each other:

1 answer:

4 0

<span>This type of agreement would be called a consideration. This is an agreement that provides a type of value to both parties involved and promises a certain performance by one party to the other. In this case, one thing is given for another, the money for the car.</span>

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Insurance premiums are calculated by analyzing clients’ potential level of risk. Which of the following drivers would most likel

siniylev [52]

Answer:

The correct answer is letter "B": Experienced driver with a good driving record.

Explanation:

Insurances do take into consideration the level of risk individuals represent according to the type of coverage they apply for. While talking about car insurance, <em>an experienced driver with a good driving record represents a minimum risk for the company, thus, the individual will likely pay a lower premium than someone who has had several vehicle accidents with a negative driving history.</em>

7 0

2 years ago

Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data perta

Ganezh [65]

Answer:

Activity Rates

Consultation $150

Drawings $58

Modeling $0.7

supervision $190

Billings $1037.5

Collections $1642.5

Total overhead allocated: $ 126,826

Explanation:

First, we divide the cost of each activity over the base total to get the rate.

$\left[\begin{array}{ccccc}$Activity&Driver&cost&Total&Rate\\$Consultation&$contact hours&315000&2100&150\\$Drawings&$desing hours&104400&1800&58\\$Modeling&$square feet&32200&46000&0.7\\$supervision&$days&228000&1200&190\\$Billings&$jobs&8300&8&1037.5\\$Collections&$jobs&13140&8&1642.5\\\end{array}\right]$

Now we apply this rate against the job activity measurement:

$\left[\begin{array}{ccccc}$Activity&Job&$Rate&$Allocated\\$Consultation&410&150&61500\\$Drawings&352&58&20416&\\$Modeling&7400&0.7&5180&\\$supervision&195&190&37050&\\$Billings&1&1037.5&1037.5&\\$Collections&1&1642.5&1642.5&\\$Total&&&126826&\\\end{array}\right]$

3 0

2 years ago

Dayna deposited $2700 into a savings account that pays a simple annual interest rate of 1.6%. how much interest will she earn af

d1i1m1o1n [39]

For this you're going to use the I=PRT formula! so i=interest, p=principal, r=rate, and t=time (in years). so basically here we are going to plug in the equation, I=(2700)*(0.016)*(0.5) and we get 21.60! I=PRT is a simple interest formula, which is used for the simple plug and chug equations like this. Just remember to convert months to years and move over your decimals!

6 0

2 years ago

Compared to tangible resources, intangible resources are ____ and ____. more visible; less difficult to copy. less visible; less

lions [1.4K]

Less visible and more difficult to copy

4 0

2 years ago

The Washington Company purchased a new machine for $200,000. In addition to the invoice cost of the unit they had to pay $5,000

ehidna [41]

Answer:

The answers are $20,000 and $17,500.

Explanation:

Straight Line Depreciation is a calculation made to find the amount that an asset's value has reduced over a certain period of time.

The formula for it is $\frac{(Cost Of Asset) - (Salvage Value)}{Asset Life}$ .

The cost of the asset is $200,000 but for the first year there are also the freight, wiring and installation costs which apply just once and they come up to $25,000 in total.

So the depreciation for year one is going to be $\frac{225,000 - 25,000}{10}$ which is $20000.

The depreciation for year two is going to be $\frac{200,000 - 25,000}{10}$ which is $17,500.

I hope this answer helps.

5 0

2 years ago